Doximity (DOCS) Net Margin (2020 - 2026)

Doximity (DOCS) reported Net Margin of 13.15% for Q1 2026, down 3202.0% year-over-year from 0.42% in Q1 2025, and down 60.47% quarter-over-quarter from 33.27% in Q4 2025.

Doximity (DOCS) Net Margin (2020 - 2026) Analysis & Trends

Doximity (DOCS) has 7 years of Net Margin data on file, last reported at 13.15% in Q1 2026.

  • Net Margin for Q1 2026 came in at 13.15%, down 3202.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 30.4% (down 873.0% YoY), and the FY2026 annual result was 30.4%, down 873.0% from the prior year.
  • Net Margin declined to 13.15% in Q1 2026 per DOCS's latest filing, from 33.27% in the prior quarter.
  • Over five years, Net Margin peaked at 45.17% in Q1 2025 and troughed at 13.15% in Q1 2026.
  • A 5-year average of 32.01% and a median of 32.66% in 2024 frame the typical range for Net Margin.
  • The sharpest annual moves came in 2022 and 2026: Net Margin jumped 2348 bps in 2022, then plunged 3202 bps in 2026.
  • A 5-year view of Net Margin shows it stood at 29.04% in 2022, then gained by 22 bps to 35.45% in 2023, then gained by 26 bps to 44.6% in 2024, then dropped by 25 bps to 33.27% in 2025, then sank by 60 bps to 13.15% in 2026.
  • Business Quant data shows DOCS's Net Margin at 13.15% in Q1 2026, 33.27% in Q4 2025, and 36.82% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn 29.55%
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 2.06%
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 19.57%
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn 18.66%
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn -8.93%
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn 13.15%
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 13.80%
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn 0.61%
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn 3.68%
10 Teladoc Health 1.45 Bn 696.57 Mn 562.57 Mn -10.40%

Historic Data

Download Data
DateValue
Mar 31, 2026 13.15%
Dec 31, 2025 33.27%
Sep 30, 2025 36.82%
Jun 30, 2025 36.54%
Mar 31, 2025 45.17%
Dec 31, 2024 44.60%
Sep 30, 2024 32.27%
Jun 30, 2024 32.66%
Mar 31, 2024 34.41%
Dec 31, 2023 35.45%
Sep 30, 2023 26.94%
Jun 30, 2023 26.19%
Mar 31, 2023 27.64%
Dec 31, 2022 29.04%
Sep 30, 2022 25.74%
Jun 30, 2022 24.69%
Mar 31, 2022 39.58%
Dec 31, 2021 56.85%
Sep 30, 2021 45.48%
Jun 30, 2021 14.78%